5232.0 - Australian National Accounts: Finance and Wealth, Dec 2019 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 26/03/2020   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

Financial market summary

Australian financial market


Outstanding at end
Transactions during
Other changes during
Outstanding at end
Sep Qtr 2019
Dec Qtr 2019
Dec Qtr 2019
Dec Qtr 2019
$b
$b
$b
$b

Currency and deposits
Currency
85.2
2.9
-
88.1
Transferable deposits
1 121.8
20.6
-2.3
1 140.0
Other deposits
1 493.6
-12.7
-6.4
1 474.6
Short term debt securities
Bills of exchange
21.5
-2.0
-
19.5
One name paper
473.2
41.1
-4.6
509.8
Long term debt securities
Bonds, etc.
2 772.1
-5.7
-51.9
2 714.5
Derivatives
Derivatives
781.0
-99.1
0.5
682.5
Loans and placements
Short term
402.5
10.1
-0.9
411.7
Long term
3 944.5
27.0
-5.5
3 966.0
Shares and other equity
Listed
2 094.5
14.6
-3.1
2 106.1
Unlisted
4 938.6
29.9
65.0
5 033.5
Insurance technical reserves
Reserves of pension funds and life offices
2 741.5
22.0
33.2
2 796.7
General insurance prepayments and reserves
125.7
4.5
-
130.3

- nil or rounded to zero (including null cells)


Negative growth in the bonds market

The bonds market contracted 2.1% mainly due to revaluations of -$51.9b resulting from increases in government bond yields in December quarter 2019. Net maturities of $5.7b also contributed to the negative growth.


Graph 1. The bonds market
Graph 1 shows the bonds market

Other notable events in financial markets during the quarter include:
  • growth in the derivatives market of -12.6% due to settlement of derivative contracts (-$99b)
  • flat growth in the deposits market, with growth in transferable deposits (1.6%) offset by negative growth in other deposits (-1.3%)
  • increase of 7.7% in the one name paper market due to increases in issuance offshore